Here is just my little observation considering ALGO.
The maint point, that this recent high volume has been confirmation of break phase of accumulation out.
If so, than I think history can repeat itself, and next target will be around 2.618.
For now I am looking closely, if price can hold 4-hour support :
ALGO has nice fundamental for a long bull-run. So it's worth looking at.
The maint point, that this recent high volume has been confirmation of break phase of accumulation out.
If so, than I think history can repeat itself, and next target will be around 2.618.
For now I am looking closely, if price can hold 4-hour support :
ALGO has nice fundamental for a long bull-run. So it's worth looking at.